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Infosys Launches Metaverse Foundry to Help Enterprises Navigate Emerging Technologies

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Indian IT multinational Infosys on Thursday announced the launch of Metaverse Foundry. The new business division at the company, a global leader in digital services and IT consultancy, promises to ease and fast-track an enterprise’s ability to use emerging technologies and offer metaverse products and services.

“Infosys metaverse foundry helps enterprises navigate the metaverse by partnering with them through the Discover-Create-Scale cycle,” a press release shared by the company said. 

Details of the Offering

Metaverse Foundry will help exploration of metaverse through more than 100 ready-to-use templates and use cases. To enable enterprises on the threshold of the metaverse, these features promise to provide immersive interactions with virtual and augmented environments.

They will let an enterprise know how these environments and tools feel and behave for their customers, workplaces, products, and operations.

“The physical and virtual worlds are already smoothly and ubiquitously interwoven. The metaverse will deepen this overlap in very experiential ways that will create abundant space for business innovation.

We want to help our clients to quickly double down on those opportunities in a find-fast, learn-faster environment before they can reorient their capabilities, processes and culture in-house to respond to this rapidly evolving space,” Ravi Kumar S, President, Infosys, said.

Metaverse Foundry Already in Use

Infosys metaverse foundry has already been used by some businesses and partners, the statement from the firm informed.

For example, it helped Tennis Australia during the Australian Open 2021 by providing an extended digital-physical store and helping the fans reimagine the shopping experience.

They made it possible for tennis fans to shop for all their favorite items, including tees, beach towels, caps, and racquets in this virtual world, and then carry these back to the real world. This clarification was provided by Tennis Australia’s Director of Partnership and International Business Korey Allchin.

Construction and mining equipment maker Komatsu is also working with Infosys Metaverse Foundry to “uncover the most significant investment” it should make today to make it future-ready. “We are excited to partner with Infosys metaverse foundry…,” said Daniel Schumacher, Komatsu’s Head of Global IT Applications and Digital Innovation.

Infosys Co-founder Had Batted for Crypto as Asset

Infosys co-founder Nandan Nilekani said in June last year that cryptocurrencies should be treated as commodities. However, he cited volatility and high energy consumption as the reasons for them not being a great option for payments. In March last year, the tech billionaire noted that digital assets should not be banned. Rather, they should be treated as an asset class. 

Featured Image Courtesy of Infosys

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